Analysts at ING suggest that the key Japanese event in the week ahead will be the all-important October BoJ meeting (Wed). Key Quotes “Our economists note that BoJ Governor, Haruhiko Kuroda, has been dropping hints about changes to BoJ policy.” “Kuroda has been sounding more positive about inflation, with core (ex-fresh food) inflation now at 1.0%. The elusive 2% level may still be the official target, but there is a sense that a more pragmatic ‘good enough’ rate of about 1% could pave the way for the BoJ to start tweaking its policy stance.” “We think that we may see more stealth tightening steps to come this week – and this could be mildly supportive for the yen.” “With global markets still looking fairly fragile, the combination of a hawkish BoJ and sell-off in risky assets could be quite supportive for the yen. While USD/JPY could drift lower here towards 111.00-111.50.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US: Midterm Election uncertainty? – Nomura FX Street 4 years Analysts at ING suggest that the key Japanese event in the week ahead will be the all-important October BoJ meeting (Wed). Key Quotes "Our economists note that BoJ Governor, Haruhiko Kuroda, has been dropping hints about changes to BoJ policy." "Kuroda has been sounding more positive about inflation, with core (ex-fresh food) inflation now at 1.0%. The elusive 2% level may still be the official target, but there is a sense that a more pragmatic 'good enough' rate of about 1% could pave the way for the BoJ to start tweaking its policy stance." "We think that we may see… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
